The U.S. Navy is trying to help commercial cargo ships maintain the alternative trade routes companies have found as the U.S. works to end Houthi attacks on ships transiting the Gulf of Aden and the Red Sea, Vice Admiral George Wikoff said. And although the U.S. has used sanctions to target several Iran-backed networks helping to supply the Houthis, he said the U.S.-designated terror group is increasingly diversifying its suppliers and is becoming a legitimate technology exporter.
New EU guidance released this week offers insight into how the bloc will implement its sweeping new corporate sustainability due diligence rules, including how member states should decide whether traders do enough to collect required supply chain information.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
The Federal Maritime Commission this week released its final rule on unreasonable carrier conduct, the last step in the FMC’s nearly two-year campaign of crafting regulations to address ocean carriers that unfairly refuse vessel or cargo space to shippers.
Although some industries may initially have an easier time complying with the EU’s new anti-deforestation rules when they take effect at the start of next year, others may face a learning curve trying to ramp up their due diligence efforts, supply chain sustainability lawyers and advisers said this week. They also warned that EU companies that trade in large volumes of goods subject to the new law likely won’t be able to comply using only a manual due diligence process.
The Bureau of Industry and Security plans to release a rule next month to propose new restrictions on certain Chinese connected vehicle imports, including certain software, sensors and cameras used in those cars, said Alan Estevez, BIS undersecretary. The rule, which would build on an advance notice of proposed rulemaking released by the agency in February (see 2402290034), is expected “sometime in August,” Estevez said during an event this week hosted by the Aspen Institute.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.